$BTC returns to $62,500 after rejecting from 1Hr Trendline
A week ago, Bitcoin tested this same $62,500 region and from there bounced to $65,000 region
Now it is back to the same region, here are thing to note:
- From my TA, $BTC is showing high bear preasure which is visible from the price actions...
- If Bitcoin fails to close the daily candle above that that region, $60,000 would come faster than expected
Meanwhile, two things are certain:
- $60K region is just a matter of time (Bitcoin has to revisit it again for stronger confirmation for long-term pump)
- New All Time High is inevitable too....
Which one do you think would come first?
BTCUSDT
Διην.
62,413.6
-3.39%